RBI's new Regulatory Sandbox welcomes Blockchain, bans Crypto-related projects
Reserve Bank of India's latest Regulatory Sandbox accepts Blockchain and excludes all Crypto-related projects
- Girish Vidhani
- Apr 19, 2019
- Nov 24, 2024
Reserve Bank of India's latest Regulatory Sandbox accepts Blockchain and excludes all Crypto-related projects
Latest reports from India indicate that the government is worried that cryptocurrencies might have an adverse impact on Rupee, the national currency.
All plans regarding issuing of a state-backed central bank digital currency in India have been shelved, reports indicate.
The unit was formed about a month ago and a chief general manager has been identified to lead it, but no formal announcement has been made by the RBI yet.
A Right to Information query has revealed that the Reserve Bank of India (RBI) issued the April crypto-circular without a proper research
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